President's $825 Billion Stimulus Plan 'On Target'

Efforts to pass a billion-dollar economic stimulus plan by mid-February are "on target," President Barack Obama said in a White House meeting.

This is despite Republican lawmakers' objections to some elements of the plan. Speaking before a meeting at the White House with a bipartisan group of nine congressional leaders, Obama said he recognizes that "there are still some differences around the table and between the administration and the members of Congress about particular details" of the plan.

The proposed $825 billion package is designed to create 3 million to 4 million new jobs, he said. The stimulus package could make it through Congress by the Presidents' Day weekend.